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Thieves here are using gps/cel signal blockers when they steal these days. Am surprised that is not more the case in the UK. Mechanical means (Outruns post), wheel clamps etc, are quite a reasonable defense.

I once had an old wreck of a bicycle which I'd owned from school days. I was leaving the Sobel Sports Centre one evening with a friend and we were discussing this topic as we walked, I was naively saying the best thing about my old clunker is knowing it is safe to leave it locked up in Finsbury Park. Just then we turned the corner to see my bike still locked up safely but some scum bag had kicked in both wheels.